Loan limits can increase by a factor of 3-5 in many of these cases, but this comes with a major tradeoff of 3-5 percent "compensating balances" (read more collateral via covenants or less money loaned in effect)Item 2 is desirable from the perspective of reducing brain damage and consolidating relationships.  

The neighborhood comps reflect a sales price range of $70k to $77k, so not too much upside even if I do some upgrades.Their loan balance= $77k for a $720/mo loan payment.

It is a balancing act to add a few of those in. 

I've done this a few times with "zero balance transfer" credit card offers.  

Paid off the balance in two years.  

I have an auto attendant system that fields the balance of the call.It is a big savings and, i believe an essential part of investing to manage your own property.

Charlotte is probably the most balanced market in the country offering good cash flow and good potential for appreciation. 

That looks like a description of deeds out of a real estate book, not state statue but that is correct. 1. they are family, 2. there are differences in English law and Community Property laws, that can govern, 3. estate planning can address disbursements of assets to balance equities among the heirs, 4. operating agreements can kick in after automatic deed transfers to accomplish further transfers.

You might offer:$3K down paid to seller at closing$450 paid to seller every month until the $97K balance is paid in full (in just over 20 years)If accepted, you've just bagged yourself $97K at ZERO (0!)

Current balances Primary Mortgage 53K, 2nd Mortgage 18K I have to pay the 15K grant and the 1.7K loan when I sell this gives me a total of about 88K I will need to pay back.